Enterprise resource planning tools are a big part of everyday operations, supporting a breadth of critical functions. Achieving a successful ERP implementation, however, is a challenge for many companies, given that such software must be the right fit and be backed by a reputable service provider that understands the nuances of these systems.
A recent Nucleus Research report indicated that some ERP vendors - including Microsoft - are among the leaders in this industry. The firm explained that there is no "one-size-fits-all" ERP software, so it is important for clients to find solutions that support their specific business needs and key functions.
"Customers want predictable time to value and lower ongoing costs, making cloud solutions and those with limited customization requirements much more attractive," said Rebecca Wettemann, vice president of research at Nucleus Research. "Deep industry functionality and usability investments are driving competitive advantage in the market."
Cloud computing figures to play a dominant role in the ERP field for years to come. The technology has already allowed even small businesses and startups to adopt the software because clients no longer have to allocate such a large upfront investment toward IT systems, since the cloud is available through a subscription-based pricing model.
The dangers of failed ERP implementations
Companies that rush their ERP deployments will likely experience some big challenges with their suites. If the software is unable to handle certain tasks, it will require extensive customization to address these shortcomings, leading to more time, money and effort exerted that could have been allocated toward more important corporate goals.
If the initial ERP software is extremely problematic, the system may need to be replaced entirely, forcing businesses to go through the entire selection process all over again. These challenges can be avoided entirely if companies do their homework and select the right software for their unique operational needs and respective markets.
Get it the right the first time
Businesses that have experienced failed ERP deployments in the past and first-time adopters can both benefit from planning a proper implementation. The extra effort taken during the selection process yields immense benefits that will help companies thrive for years to come.
Taryn Cromie, sales manager of HansaWorld South Africa, highlighted the frustrations of an ERP suite that falls short.
"You want your first system to be your last, because changing from one ERP to another can be stressful, time-consuming and even fraught with risks that could shut your business down," Cromie said. "A poor fit can be even more harmful if you have to choose different systems when rolling out internationally, just because your initial system can't expand to neighboring countries."
Cromie concluded that organizations should want their next ERP software to be their last.
And companies can achieve this goal if they know where to look for the right support. Pinnacle, an Advanced Imaging Solutions company, helps clients maximize their investments in ERP solutions from day one. If your firm is interested in achieving a successful deployment from start to finish, call today one of our ERP Specialists today at 574.235.8100 or click here.
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